The suit had been filed by a lawyer, John S. LaViolette, working on behalf of the actor's daughter Matilda, 3. The suit claimed that ReliaStar Life Insurance Company had refused to honor the policy because it asserted that Ledger's death could have been a suicide.

"The parties are pleased they were able to reach an amicable settlement," said attorney William Shernoff, who represents Matilda and LaViolette.